$40,500
2.96 Acres
Land
Listing Office: Xcellence Realty
Is Molino, FL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since October 2023
Since last year, Molino has remained a Seller's Market.
Key Takeaway
Molino is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Molino, FL
How much do homes in Molino, FL cost?
Median Sold Price
$375,000
$169/sqft
Based on all homes sold in the last 12 months.
Difference Since October 2023
-$9,990(-2.6%)
Key Takeaway
Homes in Molino have sold for 2.6% less than they did a year ago.
Summary: The median home sold price in Molino was $375,000 in October 2024, down 2.6% from last year, and the median price per square foot was $169.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $353K | N/A |
| 2 Bedrooms | $252K | $425K | +68.7% |
| 3 Bedrooms | $290K | $370K | +27.6% |
| 4 Bedrooms | $401.9K | $395K | -1.7% |
| 5+ Bedrooms | $470K | $540K | +14.9% |
Summary: Molino housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 68.7%, 3 bedroom homes increased by 27.6%, 4 bedroom homes decreased by 1.7%, and 5+ bedroom homes increased by 14.9%.
Median Sold Price Compared To Nearby Cities
| Northwest Escambia | $327K | $370K | +13.1% |
| Pace | $326.3K | $334.2K | +2.4% |
| Cantonment | $314K | $317.2K | +1.0% |
| Molino | $384.9K | $375K | -2.6% |
Housing Supply in Molino, FL
How many homes are available in Molino, FL?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 20 | 21 | +5.0% |
Summary: The Molino real estate market had 21 homes for sale in October 2024, a 5.0% increase compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 1 | 1 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 14 | 15 | +7.1% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 4 | 4 | 0.0% |
Summary: The Molino housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 7.1%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 1 | 4 | +300.0% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Molino, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 4 homes were sold or pending in Molino in October 2024, up by 300.0% month-over-month. Of the 4 sold homes, 50% were sold under asking, 50% were sold at asking, and 0% were sold over asking.
Days on Market for Molino, FL
How long does it take to sell a home in Molino, FL?
Average Sale Time
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 23 Days | 73 Days | +212.2% |
Summary: Homes in Molino had an average of 73 days on market in Oct 2024, up by 212.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
3 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Molino has remained consistent over time.
Summary: During October 2024, 4 homes were sold in Molino; 0% of homes were sold within 30 days, 75% of homes were sold within 30 to 90 days, and 25% of homes were sold over 90 days.
Listings courtesy of Stellar MLS as distributed by MLS GRID.
Copyright 2024 My Florida Regional Multiple Listing Service DBA Stellar MLS. The real estate listing data marked with this icon comes from the IDX program of the Stellar MLS system. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided exclusively for consumers’ personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Properties displayed may be listed or sold by various participants in the MLS.
Listing information Copyright © 2024 Baldwin County Association of REALTORS®, Inc. All rights reserved. MLS IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.